Cairns City, Queensland
Fully Renovated Freehold Hotel with Large Guest House in Popular Tourist Town - 127HF
OFFERS ABOVE $1.7M
Business Description
This popular modern pub/hotel (tavern) is located in popular FNQ Tourist town in Queensland. The hotel is well-known for its welcoming atmosphere, friendly service, and classic Italian cuisine. The property is located in a major tourist destination located about 60 kilometers south of Cairns, nestled between lush rainforests and the Great Barrier Reef.
The tavern is a central spot for locals and travelers alike, offering meals, drinks, and sometimes live entertainment. It’s a typical Australian country pub location with a modern and relaxed vibe and serves as a gathering place for events or social occasions.
The Tavern offers quite a variety of services and features!
- Bottle Shop
- Sicilian Restaurant
- Licensed Bar and Bistro
- Function Centre
- Outdoor Barbeque Function Area
- Expansive 4-room Guesthouse
- Commercial Kitchen
- Bar Fridges and Walk-In Bar Fridges
- Walk-In Food Fridges and Freezers
- Supply Receiving Bay
- Outdoor Swimming Pool
Together, these facilities makes the Tavern a comprehensive destination for dining, relaxation, and entertainment, catering to both locals and visitors.
Offers above $1.7M Seriously Considered
Adjusted Net Profit: $385,207 for 2024/25 (as provided by vendor accountant)
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 127HF (quote when enquiring)
Property Code: 5048
Business Summary
Key Investment Insights
1. Freehold ownership of a fully renovated pub/hotel, providing control of land and building and reducing leasing risk.
2. Located in a popular Far North Queensland tourist town, approximately 60 kilometres south of Cairns, positioned between rainforest and the Great Barrier Reef, supporting strong visitor demand.
3. Diverse revenue streams including bottle shop, Sicilian restaurant, licensed bar and bistro, function centre, outdoor barbecue function area, and accommodation, reducing reliance on a single income source.
4. Expansive four-room guesthouse on the property, offering onsite accommodation revenue and appeal to overnight tourists.
5. Proven profitability, with adjusted net profit reported at $385,207 for 2024/25 by the vendor accountant.
6. Comprehensive food and beverage infrastructure, including a commercial kitchen, bar fridges, walk-in bar fridges, and walk-in food fridges and freezers, enabling high-volume operations and events.
7. Outdoor amenities such as a swimming pool and barbecue function area enhance guest experience and event capability, increasing appeal for functions and leisure stays.
8. Function centre and occasional live entertainment position the venue as a central social hub for both locals and travellers, supporting steady local patronage and event bookings.
9. Recognisable offering of classic Italian and Sicilian cuisine, providing a distinct culinary niche within the market.
10. Supply receiving bay and operational facilities indicate efficient back-of-house logistics for inventory and deliveries, supporting smooth operations.
11. Asking price threshold, with offers above $1.7 million seriously considered, gives a clear starting point for investor valuation.
12. Vendor representation by a specialist tourism broker, providing a direct contact for further information and inspections.
